
🚀 Bitcoin Surges Toward $110K: What’s Driving the Latest Crypto Rally? By Vikas Yadav | July 8, 2025 | The Finance Globe Bitcoin is once again capturing the world’s attention. Bitcoin neared $110K on July 8, 2025, renewing bullish momentum as it approached its highest price ever recorded. The rally is being fueled by a mix of geopolitical developments, strong ETF inflows, and renewed institutional interest — giving crypto investors fresh reasons to stay bullish. 🌍 What’s Behind Bitcoin’s Sudden Rise? Several key factors are contributing to the upward momentum in the crypto market: 1. U.S. Tariffs on BRICS-Aligned Countries One of the major triggers came from the U.S. government’s move to impose new tariffs on BRICS nations, including China, Russia, and India. As these tariffs stir global trade uncertainty, many investors are shifting funds into Bitcoin, viewing it as a hedge against geopolitical risks and traditional market volatility. This isn’t the first time global tensions have p...